That is not an arms length transaction and could get you in trouble UNLESS, you operate within the parameters mentioned by others which include full disclosure of your intentions.

I figured some would benefit by readying the Bloomberg attack safety tips:Bloomberg Attack Safety TipsThat should help you out the next time the madman is coming at you with a gun ;-)

., You are being quoted a 5/1 ARM or 10/1 ARM, and the rates look good.

This is a notarized form written by attorneys.So my question is in a case like this how do you maintain your safety on going to make sure a house is empty when there could still be somebody camping inside that has been trying to cause as many problems as possible.Hope That question makes sense .

Yes, they throw it out since it obviously is not market price/an arms length transaction.

If the home is sold as a result of the divorce then the credit will have to repaid under the regular recapture rule because the home has ceased to be the principal residence of either spouse.If a residence is forcibly or involuntarily converted and the taxpayer purchases a new principal residence within two years from the date of disposition, the taxpayer will continue to make the standard installment payments on the new residence as if it were the original principal residence.Special Repayment Exceptions for Members of the Armed ForcesMembers of the uniformed services, Foreign Service of the United States, and the intelligence community who dispose of their residence after December 31, 2008 due to Government orders for qualified official extended duty service will not have to repay the credit if disposition is in connection with the government orders.

I was told that I should try to extend it out for as long as possible and just pay extra once I built up a safety net, but they don't offer 30 yr. mortgages for this investment (maybe because it's not much money I am borrowing).

But, I need some referrals for:Good Property Management in the area with AMO or property manager with CPM, ARM or ACoM.Good Closing AttorneyAppraiserInspectorIf someone has any good referrals for these areas and currently use them, please contact me at your earliest convenience.Blessings.

This included cost of goods, time and overtime if necessary for my Electricians and also costs for Project Managers and who and what they were and projects they had done successfully on time and on budget with no safety infractions. 

Wear safety googles.BUT WAIT!!